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Cuzzo 2 points ago +3 / -1

Keep saying this. People act like receipts don't matter. Always have, but now they act like Bitcoin makes them any less important. Like they can show up with 10 million without documentation for where they got it going, I dug it out of the Fishing Hole where I lost my Guns...super legit, now can I be a serious investor? No, you are a crook, playing by rules to which no one agreed.

News flash, no government is going to let you do this long-term. Techrev has some links I think he needs to post on here, so you all can learn, not about the potential for Bitcoin, but about the reality of traceability and control in crypto by governments. Say it all day, but I promise it is easier to catch someone using crypto than cash, ESPECIALLY if they are already after you. Everyone wants to be Scarface until the last scene, and you only get one.

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Dualkalibur 2 points ago +3 / -1

This. Internet anonymity is only one misstep away from being blown. To maintain total anonymity online AND buy things requires a lot of extra work, a secure drop location you can sneak in and out of undetected, multiple transactions to try and hide your wallets, etc etc. Having your coins online where you can use them risks having them stolen, or the exchange going tits up like MtGox, having them in offline wallets has its own foibles of hard drives becoming lost, thrown out, damaged, etc etc etc. There is no perfect system, and bitcoin/shitcoins have plenty of flaws. People who are bullish on them always seem to think they have an edge over the government, they have more control over their own money, that their wallets are secure and we’re all fools for not taking our useless fiat and dumping it all into crypto. And yet those of us who haven’t bought a single coin are still buying our groceries at the stores that don’t accept crypto, buying fuel for fiat, paying out electric bills and (way too high) taxes with our dirty pleb cash. Blockchain is interesting tech and has some uses, and more to come. But decentralized currency with no one to turn to when shit goes south will never have 100% adoption by everyone. A nations currency is backed up with a threat of violence and heads that can roll(or at least the scape goats). If you get screwed with crypto cash, oh well. Sucks to be you.

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Winged_Splinter 0 points ago +1 / -1

Wow. First off, if I wanted to obtain, use, wash and transfer crypto into usd I could easily do it. However, that is completely irrelevant since we are talking about obtaining and using crypto legally. There are even ways to bypass the tax implications should someone choose to do that.

Coins are also not easily stolen. You are confusing idiots clicking on phishing links or stealers and losing their crypto. Should some dunderhead want to do what you speak they'd have to be able to brute force their way through a pgp encryption and that isn't going to happen before the coins move again.

Lastly, more and more companies are beginning to accept crypto. I live in a small rural town of a population below 12k and there is literally a crypto ATM in a store out my way.

Stop the fear porn.

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Dualkalibur 1 point ago +1 / -0

I don’t care if you think it’s fear porn. I ain’t here to scare anyone. Crypto has downsides like everything else and not acknowledging that is foolish. If coins aren’t easily stolen explain that exchange that lost $200 million dollars of people’s coins. Depending what news article you click on it’s 196 to 200 million lost at bizmart. —Crypto trading platform BitMart released an update on the devastating security breach that caused about $200 million in losses, writing on Monday that the breach was "mainly caused by a stolen private key that had two of our hot wallets compromised." Wow, not some dunderhead but people trusting a platform to be able to use their coins online and look! Stolen. Just like you said isn’t possible. Unless you’re minting them and slapping them into a cold offline wallet, being online means fuckery can happen. And for more and more companies accepting crypto, good for them I guess. I can drive an hour and a half and maybe find one crypto ATM, or I could drive 2 and a half and definitely find one, but small town Canada and rural living means I’m better off having cows, bullets, booze or car parts to trade than crypto. If there’s no one enforcing your bitcoin or shit coin to be the standard like countries do with fiat then it will never become the standard. For now it’s at best niche and at worst money laundering and Ponzi schemes.

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Winged_Splinter 1 point ago +1 / -0

I said a wallet locked behind a pgp encryption isn't possible to steal. Not having your wallet secure is stupid as it's digital and subject to sniffing. Since you apparently only seek out bad news to read about bitcoin, I'm going to go ahead and assume you're not aware of a lot of the new lock features of some wallets that you literally need the device it was registered on to even access the wallet.

Whether it's the future or not remains to be seen, but it is a real current and it's not going away. I will admit that nothing is 100% secure, but when you know how do to the hacking methods, you understand how to protect yourself.

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deleted 2 points ago +3 / -1
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Winged_Splinter 1 point ago +1 / -0

What in the world is wrong with you people? How this got to using crypto illegally is beyond me. I suppose there are also bunch of new fake millionaires because of crypto.

The US government can't just flip a switch and turn off crypto. You also need to stop pretending like you know every single thing about being anonymous on the web.

No one is talking about illegal shit except you people who seem to be upset about crypto and the only reason you'd be this damn delusional about crypto is because you don't understand it, nor the computer, read some bullshit and now think you are smarter than everyone.

Crypto is real. Its here to stay. It's not easily traced so stop lying. I couldn't care less what some dumb ass article convinced you of the nonsense you're spouting and I sure as shit wouldn't waste my time reading that dribble.

Welcome to the internet where you can find anything to support your narrative. Still doesn't make it true.